Filter
Exclude
Time range
-
Near
A response to A Network's critics: @Nicolas_itl It makes no difference to me whether you are a man or a woman, but **you are wrong**. A Network is a genuine utility and mining-based blockchain project operating on the BNB Chain with wANET/ANET tokens; it is also developing its own Layer-1 blockchain. Your entire "Ponzi" narrative is rooted in biased hatred and personal animosity, not facts. Let’s break this down point by point: 1. "Legal risks, 10 years in prison, advertising bans" Indian laws target unregulated deposit schemes (BUDS Act 2019) and the Prize Chits Act—schemes that collect money by promising **guaranteed high returns** without any actual business activity. A Network is a **crypto utility token mining ecosystem** where users actively mine (work-based), earn holding rewards, and trade tokens on decentralized exchanges. It is not a "deposit scheme" where you simply deposit money and receive guaranteed interest without active participation. Crypto projects are permitted in India (subject to regulation); this is not a Ponzi scheme but a project with standard tokenomics, just like many other legitimate projects. Feel free to report it to the police and California authorities—but **don't forget to provide evidence**, otherwise, it could backfire on you in a defamation lawsuit. Since Khurram Zahid resides in the US, it is likely that he is complying with securities laws; baseless allegations will achieve nothing. 2. Personal insults and comments regarding "women" You are publicly labeling the project a "scam," hurling abuse at the team, and making a spectacle out of "exposing" it. 3. "The 'Hold wANET' program is a Ponzi scheme—it uses money from early investors to pay later investors." Incorrect. This is a **staking/holding reward program**, similar to those found in many trusted projects (such as liquidity mining or yield farming). Users mine and hold tokens to utilize the ecosystem's features (DEX, L1 access, etc.). This is not a case of "using new investors' money to pay old investors"—the process is transparent and on-chain. Classic Ponzi schemes like BitConnect lacked real utility or mining; they relied entirely on referrals and fake returns. A Network has a whitepaper, a multisig vault (where the founder's tokens are locked), and actual development work is underway. Work on utility is progressing rapidly. 4. "They only talk about price; this fuels greed." Every crypto project discusses price because the market determines it. However, A Network focuses on mining, the ecosystem, Layer-1, the DEX, and community rewards. Discussing price is normal; the problem arises when hype is created without any solid foundation. Here, genuine activities are taking place. 5. "The team holds 99% of the tokens; manipulation is occurring; liquidity is only $15k." **Completely incorrect information.** According to the whitepaper, the co-founders (Khurram Zahid and Joel Duplco) hold a 50/50 stake, and the tokens are locked in a **multisig vault**, ensuring that no single individual can withdraw the funds. The founders' tokens are treated exactly like those of regular holders; there are no admin privileges (contract ownership has been renounced). Low liquidity is common in early-stage projects—this is normal and will increase over time. The claim regarding 99% ownership is false. On-chain transparency is maintained; you can verify this yourself. 6. @DigitalGold1979 is an unprofessional, rude CEO." Reality 👇 The community is strong and knowledgeable; choosing Khurram as the leader was truly an excellent decision—the leadership is sensible and proactive. It also enjoys the community's support. Making insulting remarks does not diminish the project's credibility. Be sure to verify the facts before making accusations next time. @BaskaranBBV @Joel_Dupalco
9
14
28
1,787
Legal danger warning for those promoting the Ponzi project A Network could face more than 10 years in prison. Currently, the latest Indian law strictly prohibits advertising. All those who promote Ponzi schemes in India will face legal consequences and imprisonment of more than 10 years. This is no longer a joke from the government, projects will be brought to light. He can insult @inter_link all he wants. That has nothing to do with me. I don't f**king care. But when he called me a woman in a derogatory way, that was the moment I decided to expose everything. He picked the wrong person to mess with. I studied Political Science at NYU before transitioning into finance. Had I not pursued a career in finance. I would have gone on to law school and become a lawyer. I will also file two formal complaints. 1. One complaint will be submitted to the Indian police against those who are promoting and advertising this scheme. 2. Another complaint will be submitted to the California authorities responsible for investigating such matters, because Khurram Zahid is issuing and promoting this token in the United States, where securities and investment laws are strictly enforced. Everyone should be held accountable for their actions and for the projects they choose to promote. Why I assert 100% that this is a Ponzi model and the law will intervene: 1. Look at the most recent “hold wAnet” program to receive interest after X months. This is a Ponzi model, taking money from earlier participants to pay later ones, because clearly no user buys this token for utility, as it is a project with no utility whatsoever. Projects of this type are all too familiar, like BitConnect, OneCoin, etc., unlike other projects that build ecosystems and utility. A Network’s model of calling on people to buy tokens in exchange for interest is a blatantly illegal model. 2. Observing the project for a period of time, they mainly talk about price to appeal to users’ greed. Projects that talk about price are a classic red flag of a fraudulent Ponzi model. 3. The team holds more than 99% of the tokens and can manipulate the market. Liquidity is only $15,000 USD. A project with under $100,000 is already considered a garbage/scam project. As for liquidity of only $15K, I don’t even know what to call it. 4. The project operates unprofessionally. A poorly educated guy named @DigitalGold1979 calls himself CEO and frequently insults others or behaves very rudely. He then constantly asserts that this is a good project and speaks of dreamy things to deceive naive people. I do not encourage you to invest in any project, including @inter_link or @PiCoreTeam. And I also condemn those who, without ethics, advertise and cause financial loss to poor people through such blatantly fraudulent Ponzi schemes. I affirm that I am not a core team member nor do I work for any project, including @PiCoreTeam, @inter_link, or Sosovalue. If @PiCoreTeam or @Inter_Link ever shows credible evidence of fraud, securities violations, or any form of scam activity, send the evidence to me and I will report it immediately to the appropriate authorities. I act in the role of an investor and a detective. I promote promising projects for free and condemn behaviors that violate the law. @asadbutt142007 @thesachinbhatt @Queen_ANet @Sandeeprajpamu @LeftRw32444 @RajeshS31944342 @MMG_Book @Jawad0008 @Yasir_Abbasi17 @ameenkhan278028 @unseen_mvp @Ehs87366Ehsan @rahulsai_k @dayamaydas @BaskaranBBV @Farhankhann10 @urs_attorney @JTodupunuri @Sauood265611 @FintechSkills07
14
9
67
3,541
yeah, imagine you missed out on bitcoin because you were too busy promoting some Ponzi altcoin just purely based on bitconnect Ponzi tokenomics. ripples whole thing is that they're going to replace the Federal reserve and get to be the new guys that cheat and print money
1
1
77
$SPCX IPO is giving me bitconnect vibes

ALT Bitconnect Scam GIF

466
Replying to @Shilllin
Shit is giving me bitconnect vibes
2
169
Jun 12
Replying to @BluntedBeats
funnily enough i was a victim of 2018 bitconnect because i was a dumb teenager 😆😆 that was my introduction to crapto
1
16
Replying to @banditxbt
He bankrupted casinos. How is that possible? He owned modeling agencies and is on Taos bragging about being able to go backstage bc he owns it. He is a marketing guy. It’s just bitconnect but like he’s the president. I didn’t short after 10/10 so that is my bad. Big perfect of 100c with 3-5btc. That was liberation day. Always will be a loser. That’s why he doesn’t even stop talking about winning. And why he loves the UFC and military. He could never have been that man. Just some lame who was rich. Never had a beer or J but ears like a 19yo stoner. Yea good job guys. Bitcoin number go up.
1
43
Brother there were grifters and shithead all through when you were making your 100X. Nothing has changed. Just look at bitconnect ponzi.
24
Luna, Shib, bitconnect, 42, one...
38
Replying to @viktoe71189780
Tell that to the Safemoon, Bitconnect & USI Tech holders 🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡🤡
3
179
Jun 11
Replying to @arkham
not sure wenyu8888888 priced in Trump pumping the IPO with deal announcements. anyway why would you put any liquidity into this exit scam 🤷‍♂️ this is more degenerate than bitconnect
1
1,734
Replying to @BittexXBT
I would buy Bitconnect, then use that revenue to long LUNA, then roll the profits into FTX yield products. Full circle ⭕️
57
Replying to @1hmle
How is the company that accumulated ₿ 845,256 - any where close to Bitconnect?
8
Replying to @1914ad
Bitconnect seems like a self custody company compared to NAKA
220
Yep, I smell exit liq on this IPO....many will get rekt chasing the hype. Ahhh, reminds me of the good ol 2017 days when people got rekt trying to earn yield on bitconnect! While both different scenarios, outcome relatively identical: retail will get smashed!
1
15
Jun 11
Replying to @laki_0x
Still waiting for $BITCONNECT

ALT Bitconnect Hey GIF

1
3
75
RICE 🍚 retweeted
Don't forget about Shitcoin Ben aka Bitconnect Ben aka pig butcher scammer @bensemchee, I haven't! Listen to this awesome song 👇🏻 youtube.com/shorts/1qhFHLEqG…
Catch that replay action fam on 🍚📺❌️!
2
4
9
959
FTX Bitconnect Luna BlockFi Celsius All the “smart” people told you to buy this garbage. 😂 🫵
1
2
107
Replying to @GaryHaubold
I have this one in mind but I was too distract and not very verse into the money blackhole. I didn't experience it daily. The only media insanity that I can recall to live it is bitconnect. Maybe before meta, it could be 90s but it was even more distract
1
1
13